update to those Greek plays

I talked about in previous posts. The Greeks have gotten some loans in place for them to use if needed. All the stocks mentioned are up except for 1.
Checking my yahoo where I keep track of them. http://kijar.blogspot.com/2010/02/toying-with-some-greek-investment-idea.html Some of the stocks might have been referred to in posts elsewhere but instead of me going to the different posts to update I'll just do it here.
Click Picture to see Bigger and Clearer table

Something on the lighter side in DC. Very Funny - Comedian Joe Wong at RTCA Dinner

What was I looking at when I went short the EUR\USD at 15:50

I was looking at the 50% Fib and a resistance zone. The EUR\USD been down all day and then took off and seemed like it didn't have anymore steam taking too long to continue those aggressive move it moved up with. I also looked at another chart and saw the same candlestick pattern before the 2 previous big moves. I then switched to the 5 min chart and shorted on the second down candle.

EUR/USD 2010-03-17 03:84 Chart

EUR/USD violating that resistance area. Area was tested a few times in Feb and on the 12th of March and Yesterday and it finally breaking through tonight in the European Premarket session. That was a good setup area to play. Had consolidation and coming off a strong day in the US session.

2010-03-16, Tue

Made 3 trades. 1 good. 1 loss, 1 b/e that could have been a winner if I didn't change my stop loss to a bigger profit target from my original analysis. All part of the game. Sometimes I think to yourself, I would have loved to be in on that big run but if I never let my target be big enough for the big run then I will never make that big profit. The lesson here today was that I saw the mode of the market and my original target was based on that.

USD.EUR 2010-03-14 Around 22:45 EST

2010-03-14, Sun

20:47 EST Long EUR 1.3759 tgt 1.3785, Trade supposed to be on the double bottom. It fell through the bottom though as soon as I placed order. I placed a market order and as down 6 pips as soon as the order was placed. EUR seemd to have formed a bottom and was starting a new uptrend so i put a stop at about 40 pips away. Not a good risk/reward. Need to make sure the bull candle is formed properly first also. Daily Pivot Point is at 1.3741.
09:34 EST, Down 15 points from entry. Waiting to be right. :-)
Earlier I was tempted to play the Double Top but held off because I said it was a bull trend and I am going to start trading with the trend instead of counter. Seemed that the short trade would have been good . Target would have been 15 pips but it fell 28 pips.
09:50 EST broke below PP down -23 pips, still letting the trade play out.
Before I entered the trade I did not take into consideration what the ES, YM, etc was doing. They were trading down up until 22:00 EST where they found support.

I made the stop that low because entering the trade I was confident that there will be a reversal but still to the upside and wasn't worried about a stop but on second thought it doesn't seem like a good idea. When I had done my analysis I figured that there were many support points around the pivot and then below that was the area I lable Second support. I chose to put it slightly below the S1 pivot.

21:45 Considering whether I should double down if we get to the are that was the major support that I labeled second support.

23:45 EST Second support area at 1.3725 is being tested. Down 32 pips on the position. Next major support area would be at the WP 1.3658 which is 60 pips away. Not willing to risk that much pips. Below that we have 1.3688 which is also a S2 pivot.

EUR/USD 2010-03-12 11:24 Chart

chart showing resistance where I went

short this morning after big spike up.